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November 30, 2015 7:44 PM ET

Specialty Retail

Company Overview of Rent The Runway, Inc.

Company Overview

Rent The Runway, Inc. rents designer dresses, gowns, and accessories for women through its stores and online. It provides apparel, such as jumpsuits and rompers, outerwear, tops and bottoms, and wraps; and jewelry, handbags, intimates and shape wear, beauty products, necklaces, earrings, bracelets, rings, and handbags. The company was founded in 2009 and is based in New York, New York. It has stores in Chicago, Illinois; Washington, District of Columbia; and Las Vegas, Nevada, as well as a warehouse store in Secaucus, New Jersey.

163 Varick Street

4th Floor

New York, NY 10013

United States

Founded in 2009



Key Executives for Rent The Runway, Inc.

Co-Founder and Chief Executive Officer
Co-Founder and Head of Business Development
Chief Financial Officer
President of The Events Business
Senior Director of Public Relations & Marketing
Compensation as of Fiscal Year 2015.

Rent The Runway, Inc. Key Developments

Rent the Runway Announces New Appointments

Rent the Runway announced that it is deepening its executive bench with the addition of new executive hires. Joining the company are Scarlett O'Sullivan, previously of SoftBank Capital, who will become Chief Financial Officer, and Maureen Sullivan, formerly of AOL and Google, who will become President of the Events Business. The company will soon announce two additional senior hires from world-class firms as it expands both its special occasion and everyday wear businesses. The executives will report to CEO Jennifer Hyman. Scarlett O'Sullivan will assume the role of Chief Financial Officer, making certain that Rent the Runway is well capitalized to support the company's growth and continues to deliver on its financial objectives. Previously, O'Sullivan was a Partner at SoftBank Capital where she led growth-stage venture capital investments in ecommerce, mobile applications, online advertising, gaming, and cloud computing. She also served as Partner and Chief Operating Officer for SoftBank China and India Holdings where she focused on early-stage investments in the U.S. and Asia. Prior to SoftBank, O'Sullivan was an investment banker at Robertson Stephens and Morgan Stanley. Maureen Sullivan joins the company as President of the Events Business, where she will oversee profit and loss for the special occasion business and set the product roadmap. Previously, Sullivan worked at AOL as President of and Lifestyle Brands, where she led all elements of the experience including programming, product, and engineering, as well as overseeing strategy, partnerships, and operations. Prior to this role, she was Senior Vice President of Brand, Marketing and Communications at AOL, a role in which she managed brand development and led the global re-branding of AOL. Beth Kaplan, who served as President and Chief Operating Officer, will continue to play a strategic advisory role in the company as well as remaining on Rent the Runway's Board.

Chris Halkyard Joins Rent the Runway as Chief Logistics Officer, Effective August 1, 2015

Rent the Runway announced the hiring of Chris Halkyard as the company's first Chief Logistics Officer, effective August 1, 2015. In his role, Halkyard will oversee Rent the Runway's groundbreaking logistics platform, including the company's proprietary reverse-logistics operations and transportation network. In this role, Halkyard will be tasked with optimizing the proprietary systems that give Rent the Runway its competitive advantage. Given his more than 25 years of experience with supply chain management and distribution, Halkyard will focus on developing a strategy for a more innovative and sophisticated transportation network. Halkyard joins Rent the Runway from Gilt where he most recently served as Chief Supply Chain Officer and General Manager of Distribution Services.

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